Profitability at Professional Service Firms: Do You “Get it,” or Not?
By Jonathan Wolter
As a professional, one might presume that the economics of consulting firms, marketing and PR agencies, law and accounting firms, and other types of professional service organizations are relatively straightforward. In terms of making money and turning a profit, many people think – “how hard can it be, right?” Yet,…Read More
Read MoreCFO and CEO Relationships and Partnerships: The Secret Sauce
By Kenton Chow
A conversation with Promise Phelon and Kenton Chow Promise Phelon, Founder of The Growth Warrior and former CEO at TapInfluence hired FLG partner Kenton Chow as interim CFO during a period of radical and dynamic change at the company as Tap pivoted from a service-agency model to a SaaS model over…Read More
Read MoreCash Management: Pay It Now or Pay It (A Lot More) Later
By John Supan
Best (and Worst) Practices for Cash Management When Cash Resources Are Scarce Entrepreneurial technology businesses are often in need of critical cash to continue operating while seeking additional debt or equity financing for growth. Some simple but very short-term ways to stretch cash include delaying vendor payments and accelerating customer…Read More
Read MoreThe CFO as Chief Experience Officer (CXO)
By Eric Mersch
In today’s business world, the rate of innovation is higher than ever, more sales and marketing have been driven online and as a result, more data and insights are needed to support more rapid decision-making. Chief Financial Officers are the leaders managing the systems that produce and hold this information and…Read More
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